During the recent recession, many traditional financing options for small businesses dried up. Even when the economy started to rebound, banks increased loans to large businesses while scaling back financing for small businesses. Small businesses owners have struggled to secure financing, and as a result, hopeful borrowers are considering other options besides traditional banking[…]

Where can you go when the bank turns you down? For many small business owners, the answer is the U.S. Small Business Administration (SBA), whose loans often have less stringent requirements for owner’s equity and collateral than commercial loans, making the SBA an excellent financing source for small business owners. In addition, many SBA loans are[…]

During 2012 a third of all U.S. Small Business Administration “SBA” 504 loans funded was to Borrower’s who needed to refinance real estate, equipment, and other short-term debt. As with any refinance, the motivation is pretty simple, Borrower’s want to restructure their debt to provide more favorable terms. Unfortunately, this program ended on[…]

It might be interesting to know that across this great nation Entrepreneurs are being celebrated for their Small Business success. Many have incredible stories of perseverance, struggle, and sacrifice. To learn more go to your local U.S. Small Business Administration (“SBA”) office. Who knows we might be reading about your story next. Every[…]

It is the age-old question: Should you Buy or continue leasing? In a perfect world, it would be nice to have a simple answer for your question. In reality, weighing the advantages and disadvantages of each in the light of your current situation is the best way to determine the best course of action[…]